Knowledge Base
Glossary
Plain-English definitions for the terminology used across Fan Strategy.
- Accumulator
- An accumulator is a type of parlay where the winnings from each winning selection are added to the stake for the next selection.
- Age Verification
- Age verification is the process of confirming you are legally old enough to gamble, usually done by uploading ID documents.
- Arbitrage
- Arbitrage involves betting on all possible outcomes of an event across different bookmakers to lock in a guaranteed profit.
- Asian Handicap
- Asian handicap gives a disadvantage to the stronger team by adding a goal or half‑goal line, making the match more balanced for betting.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting, used to manage how much you can safely wager.
- Bet Builder
- Bet builder is a tool that lets you combine different markets from the same match into one personalized wager.
- Bet Slip
- A bet slip is a digital record that lists the selections you have made, the odds, and the amount you wish to stake.
- Both Teams to Score
- Both Teams to Score is a wager on whether each side will score at least one goal during the match.
- Cash Out
- Cash out lets you settle a bet before the event ends, either locking in a profit or cutting a loss based on the current odds.
- Edge
- Edge refers to the advantage a bettor believes they have over the bookmaker’s odds, often calculated as expected value.
- Free Bet
- A free bet is a token offered by the sportsbook that can be used to place a bet without risking your own money.
- Hedge
- Hedge is a strategy of placing additional bets to reduce potential loss or guarantee a profit, often used when odds shift.
- In-Play Betting
- In‑play betting allows you to place bets on a match while it is already in progress, with odds that update as the game unfolds.
- Juice
- Juice, also called vig, is the commission the bookmaker charges for taking a bet, usually built into the odds.
- Moneyline
- A moneyline bet is a straightforward wager on which team will win the match, with odds expressed as a positive or negative number.
- Odds Boost
- An odds boost is a promotion that increases the payout odds on a specific bet, giving you a higher potential return.
- Over/Under
- Over/Under is a bet on whether the total number of goals scored in a match will be more or less than a set number.
- Parlay
- A parlay combines multiple selections into a single bet, and the payout only occurs if all selections win.
- Partial Cash Out
- Partial cash out lets you cash out only a portion of your bet while leaving the remainder active for the rest of the event.
- Risk-Free Bet
- A risk‑free bet refunds your stake if the bet loses, usually as a free bet or bonus credit up to a set amount.
- Self-Exclusion
- Self‑exclusion is a tool that lets you temporarily block yourself from betting on the platform to help control gambling.
- Spread Betting
- Spread betting involves betting on the margin of victory, where a team must win by a certain number of goals or points for the bet to pay out.
- Stake
- Stake is the amount of money you place on a bet; the size of the stake determines the potential payout.
- Unit
- A unit is a standard amount of your bankroll used to size bets consistently, often representing 1‑2% of the total.
- Value Bet
- A value bet is a wager where the odds offered are higher than the true probability of the outcome, suggesting a positive expected return.